TruGolf Holdings annual gross margin
2022
2023
2024
2025
TruGolf Holdings Gross Margin Growth & History (TRUG)
TruGolf Holdings's gross margin was 50.42% for fiscal 2025.
View full TruGolf Holdings company overviewTruGolf Holdings annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 50.42% | −14.80 pp |
| 2024 | 2024-12-31 | 65.22% | +3.24 pp |
| 2023 · Dec 31 | 2023-12-31 | 61.98% | −3.32 pp |
| 2022 | 2022-12-31 | 65.30% | — |
TruGolf Holdings quarterly gross margin
Q4.23
Q1.24
Q2.24
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 59.84% | +18.70 pp |
| Q1 2026 | 2026-03-31 | 53.44% | −12.19 pp |
| Q4 2025 | 2025-12-31 | 27.97% | −36.02 pp |
| Q3 2025 | 2025-09-30 | 69.35% | +0.20 pp |
| Q2 2025 | 2025-06-30 | 41.13% | −25.30 pp |
| Q1 2025 | 2025-03-31 | 65.63% | +4.72 pp |
| Q4 2024 | 2024-12-31 | 63.99% | +12.48 pp |
| Q3 2024 | 2024-09-30 | 69.15% | +13.84 pp |
| Q2 2024 · Jun 30 | 2024-06-30 | 66.43% | +1.62 pp |
| Q1 2024 · Mar 31 | 2024-03-31 | 60.91% | −16.62 pp |
| Q4 2023 | 2023-12-31 | 51.52% | — |
| Q2 2024 · Sep 30 | 2023-09-30 | 55.31% | — |
| Q1 2024 · Jun 30 | 2023-06-30 | 64.81% | — |
| Q4 2023 · Mar 31 | 2023-03-31 | 77.54% | — |
TruGolf Holdings gross margin trends
Between the periods ended 2022-12-31 and 2025-12-31, TruGolf Holdings's gross margin decreased from 65.30% to 50.42%, a change of −14.88 percentage points. The latest reported quarter, Q2 2026, shows 59.84%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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